You mentioned a rubber band so you could do that with a damped spring. Basically add two variables for xy velocity: vx,vy. Then do the following. You can tune it by changing the 0.005 and 0.1 values. You can use any value from 0 to 1. The first value is the strength of the spring and the second is the amount of damping to apply.
Compare: dt > 0
-- add -0.005*(scope.x-target.x)/dt-0.1*vx to vx
-- add -0.005*(scope.y-target.y)/dt-0.1*vy to vy
-- scope: set position to (scope.x+vx*dt, scope.y+vy*dt)