Cast target to a UIComponent before calling the setStyle() method
<?xml version="1.0"?> <mx:Application xmlns:mx="http://www.adobe.com/2006/mxml"> <mx:Script> import mx.core.UIComponent; private function myEventHandler(e:Event):void { UIComponent(e.currentTarget).setStyle("color", "red"); } </mx:Script> <mx:Button id="b1" label="Click Me" click="myEventHandler(event)" /> </mx:Application>