I want to set target blank for "link" inside CKEditor of Liferay. Any help would be greatly appreciated.
If I understand correctly you want to provide a link in the content
portion of the ckeditor and want to change how the link behaves.
So here is a simple illustration from the web-content portlet:
Normal View of the Editor, shows how you can enter a link
Source view of the Editor, shows how you can modify the behaviour of the link
Hope this helps and this is what you meant.