Citi upgrades Netflix and Spotify to buy, says subscription tech stocks look cheap

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Jesse Pound@/in/jesse-pound@jesserpound
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People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City.
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The dramatic pullback in tech stocks has gone far enough for Spotify and Netflix, according to Citi.