This paper addresses the problem of detecting the partially-correlated 2 fluctuating targets with two and four degrees of freedom. It presents the performance analysis, in its exact form, of GTM-CFAR processor when the operating environment is contaminated with extraneous targets and the radar receiver post-detection integrates M pulses of exponentially correlated targets. Mathematical formulas for the detection and false alarm probabilities are derived, in the absence as well as in the presence of spurious targets which are fluctuating in accordance with the so-called moderately fluctuating 2 targets. A thorough performance assessment by several numerical examples, which has considered the role that each parameter can play in the processor performance, is also given. The results show that the processor performance improves, for weak SNR of the primary target, as the correlation coefficient ρ s increases and this occurs either in the absence or in the presence of outlying targets. As the strength of the target return increases, the processor tends to invert this behavior. The SWI & SWII and SWIII & SWIV models enclose the correlated target cases when the target correlation follows 2 fluctuation models with two and four degrees of freedom, respectively, and this behavior is common for all GTM based detectors.