Today's Pre-Market Stock Movers: GS, MS, PFE, CAKE and More

$Vodafone (VOD.US)$ +2% (On Monday, Ghana approved Vodafone's sale of 70% of its stake in Vodafone Ghana to Telecel Group. On Thursday, Vodafone was upgraded to buy by Bank of America, which said it was optimistic about the company’s prospects amid CEO Nick Read's departure.

$Global Payments (GPN.US)$ +2% (Morgan Stanley upgraded Global Payments to overweight from equal weight on Tuesday, citing a more favorable competitive backdrop and attractive valuation, among other things. )

$Church & Dwight (CHD.US)$ +1% (Morgan Stanley upgraded the consumer goods maker to overweight from equal weight and boosted its price target to $91 from $82.)

$Alibaba (BABA.US)$ +0.5% (Activist investor Ryan Cohen built a stake in the Chinese e-commerce giant, according to the Wall Street Journal. Cohen is pushing the company to increase its stock buyback program, the report said.)

$Cheesecake Factory (CAKE.US)$ -3% (The restaurant chain was downgraded by Citi to neutral from buy, which said shares are near its price target. Cheesecake was also downgraded to hold by Gordon Haskett.)

$Bloomin Brands (BLMN.US)$ -2% (The Outback Steakhouse parent was downgraded to hold by Gordon Haskett, which cited the company's increasing balanced risk/reward profile.)

$Roku Inc (ROKU.US)$-1.8% (Truist downgraded the company to a hold from a buy rating, saying that the streaming stock is hypersensitive to a tough macro environment given that a large chunk of revenues are tied to advertising.)

$Whirlpool (WHR.US)$ -3% (Whirlpool said it will divest a majority of its EMEA business, and form a new business focused on Europe with Turkish household appliances maker Arcelik. Whirlpool will own 25% of the new entity, while Arcelik will own 75%.)