Misleading Signpost

Reselecting which player or permanent a creature is attacking ignores all requirements, restrictions, and costs associated with attacking.

If you reselect which player or permanent an attacking creature is attacking, that creature is still considered to have attacked the player or permanent as declared, but it is now attacking the new player or permanent.

If an ability targets something controlled by the "defending player" of an attacking creature and the defending player for that creature changes before that ability resolves, the ability won't resolve because its target has become illegal.