Is it possible to reassociate annotations that were created with Place Label Tool?

I have created labels that read stations/offsets from the model using the Place Label Tool. However, I have noticed that if the alignment is accidentally deleted or changed, the label station/offset change to zeros. Is there a way to reassociate the labels to read from the new alignment? Or even just to change which alignment it reads from?

Example screenshots below of how the label was reading vs. after the alignment file was deleted.

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