Well, I'm not certain what Leupold target turrets look like.....
The Nikon turret is a typical tall target turret, but the scope comes with tall screw on caps- so, you can put caps on and use it in the field without fear of the target turrets getting jostled out of zero. Nice feature.
Or, leave the caps off. The target turrets can be set to whatever you want as a 'zero' setting, and they'll hold that reference mark.
My scope has very accurate clicks= if it says you get 1/8" movement, that's what you really get.
A hiigh quality scope, IMO. I've had mine for 3-4 years, and I'm still impressed with mine. I think you'll like it.