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Guggenheim upgrades Spotify, says investors should buy the dip

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Daniel Ek, chief executive officer and co-founder of Spotify AB, stands for a photograph after a news conference in Tokyo, Japan, on Thursday, Sept. 29, 2016.
Akio Kon | Bloomberg | Getty Images

The struggles for Spotify have gone on long enough, and it's time to bet on a rebound, according to investment firm Guggenheim.

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