Goldman (NYSE:GS) Remains Bullish on Jabil (NYSE:JBL)

After a quarter which produced better-than-expected results for Jabil Circuit (NYSE:JBL), Goldman Sachs (NYSE:GS) continues to be bullish on the company, and raised their full year EPS estimates on them through 2013.

Goldman raised EPS estimates for full year 2011 from $2.14 to $2.25, for full year 2012 from $2.58 to $2.64, and for full year 2013 from $3.00 to $3.05.

The financial giant added the the performance of Jabil was vital to improving sentiment in the firm's shares, as they're still trading at about a 20 percent discount to its competitors.

Goldman Sachs reiterated its "Buy" rating on Jabil Circuit, which closed Tuesday at $19.55, up $1.89, or 10.70 percent. Goldman raised its price target on them from $21 to $22.