There are two major types of financial analysts: buy-side and sell-side. Buy-side analysts work for investment firms and make stock recommendations that are available only to the management of funds within that firm. Sell-side analysts work for brokerage firms and make recommendations that are used to sell stock to the brokerage firms’ clients, which include individual investors and managers of investment funds. What would be the differences in tasks and motivations of these two types of analysts?
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