PSA: you now have control over your ship's targeting computer

On ps4, you can use the d-pad to control which ship you are targeting. You can target freighters, friendly NPCs and pirates. All you need to do is look at the ship, and press up on the d-pad, and a hologram of the ship will appear in your cockpit (like in space battles). Pressing left or right on the d-pad will cycle through all nearby ships, and pressing up again when looking into empty space will turn the targeting system back off again.

This feature is not only goood for combat, because it gives you an idea of where each ship is, but also helpful for looking or s classes, because you can scan a nearby group of ships, see what they all look like withot needing to get close.