PepsiCo (PEP) is ranked among the 15 Best DRIP Stocks to Own Right Now. DZ Bank upgraded PEP from Hold to Buy with a price target of $167 as the company’s revenue tops estimates at $23.9 billion for the third quarter. PepsiCo plans for low single-digit growth in organic revenue by 2025 and aims to return $8.6 billion to shareholders through dividends and share repurchases. With a consistent dividend increase for 53 years, PepsiCo is a stable investment option as a global food and beverage leader. No promotional content included in this news summary.

Read more at Yahoo Finance: PepsiCo (PEP) Earns Buy Rating from DZ Bank as Revenue Tops Estimates