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The Makefile editor does not recognize macro definitions for syntax coloring, that is, if you had the definition PATH=/usr/bin, the macro PATH should be recognized and its color should be settable. Also, the color for Makefile Targets is overridden by the color for Makefile identifier.
[S1S-EVAL]
Downgraded to P3. This is a desirable enhnacement for a follow-up release
Please, evaluate
Makefile color scheme is now configurable in Tools->Options->Fonts & Colors. Macro definitions are still not highlighted, but macro usages are.