Is Willbender legal in Standard, Modern, and Commander?

Willbender is legal in: Modern, Legacy, Vintage, Commander.

What type of card is Willbender?

Willbender is a Creature — Human Wizard. Its oracle text reads: "Morph {1}{U} (You may cast this card face down as a 2/2 creature for {3}. Turn it face up any time for its morph cost.) When this creature is turned face up, change the target of target spell or ability with a single target. Power/Toughness: 1/2"