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NEW YORK (TheStreet) -- Shares of Deere & Co. (DE) are down on Wednesday morning as the DOJ is said to be suing to block the farming equipment maker's planned purchase of Monsanto's (MON) precision drilling equipment unit, BloombergTV's Vonnie Quinn reported on "Bloomberg Markets: European Close."

The DOJ is looking to block the deal, saying it is anti-competitive.

Monsanto stock is also trading in the red this morning.

There has been a wave of pending deals within the agriculture sector, which could be one reason the U.S. is looking to halt the Deere-Monsanto deal, Quinn said.

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The two companies announced the deal in November 2015.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate DEERE & CO as a Buy with a ratings score of B. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

You can view the full analysis from the report here: DE

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