Uranium235
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It shows the actual, i.e., the final target.
Situation: a Town member uses ultimate ability 2 on players A and B.
The Town member 8 is watching the Town member. He will see whether the target of the Town member is player A, player B, or both at the same time. If only one, then which one specifically?
Added 4 minutes later
If the checks are performed as you described, then essentially the Town member identifies the side of the jailed player with pinpoint accuracy (the jailed player must act like a Town member, as not closing the day will expose the Mafia, indicating that the Town member was the jailed player).