Group 1: Company Performance - Mondelez International, Inc. reported third-quarter revenue of $9.74 billion, reflecting a 6% increase year-over-year and exceeding Wall Street expectations by $70.6 million [3] - The company has focused on tightening costs and improving profitability over the past decade, while also expanding its presence in the health-focused food category [4] Group 2: Market Outlook - Analyst Brian Holland from DA Davidson lowered the price target for Mondelez to $62 from $65, maintaining a Neutral stance, influenced by the company's third-quarter results and forward outlook [2] - The company anticipates challenges in certain markets but notes a recent decline in cocoa prices and early signs of a strong fall cocoa crop as positive developments [3] Group 3: Investment Considerations - Mondelez is recognized among the 15 Best Passive Income Stocks to Buy Right Now, indicating its potential as a stable investment option [1] - The company has a history of steadily increasing its dividend since becoming independent, appealing to income-focused investors [4]