What is the targeted speed to be flown until flap retraction altitude?

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During takeoff, you climb with the flaps still extended up to the flap retraction altitude, and the speed you aim for in that phase is the flap takeoff speed. This speed is chosen to give you enough lift and a solid climb rate while the flaps are out, and it keeps you safely above stall speed with the current configuration. It also stays below the flap-extension limits so you don’t risk over-stressing the flaps. Once you reach the flap retraction altitude, you retract the flaps and continue the climb at the appropriate speed for the new configuration.

V2 is a takeoff-safety speed used in engine-failure scenarios and early climb, not the specific target speed for the flap-extended climb. Vref is used for approach and landing, not for takeoff. Vmo is the maximum operating speed and you wouldn’t hold that value during the takeoff climb.