Build breaks on newest version of Xamarin Studio (5.9.6 Build 23)

Just updated my Xamarin Studio, tried to build my project, and there's a build error that I didn't have an hour ago.
/Library/Frameworks/Mono.framework/External/xbuild/Xamarin/iOS/Xamarin.iOS.Common.targets: error : Error executing task DetectSdkLocations: Task does not have property "TargetFrameworkIdentifier" defined

Is this an issue with Xamarin Studio, or my project?

Thanks

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