What is Sell-side Analyst?

Legal Definition
A sell-side analyst works for a brokerage firm and evaluates companies for future earnings growth and other investment criteria. They sometimes place recommendations on stocks or other securities, typically phrased as "buy", "sell", or "hold." They offer their recommendations to clients. A proper title for some sell-side analysts is Equity Research Analyst.
-- Wikipedia
Legal Definition
An analyst employed by a research ot brokerage firm who develops earning estimates, buy-sell-hold recommendations and price targets.Com pare to Buy Side analyst. See Initiate Coverage.