diff --git a/Library/Homebrew/cmd/update-report.rb b/Library/Homebrew/cmd/update-report.rb
index 175d00958a194ba4cb635c747de9fa1395b81b40..4002df75c528c48a720e70009a1befc3e24f99c8 100644
--- a/Library/Homebrew/cmd/update-report.rb
+++ b/Library/Homebrew/cmd/update-report.rb
@@ -503,7 +503,9 @@ class Reporter
 
   def migrate_formula_rename
     Formula.installed.map(&:oldname).compact.each do |old_name|
-      next unless (dir = HOMEBREW_CELLAR/old_name).directory? && !dir.subdirs.empty?
+      old_name_dir = HOMEBREW_CELLAR/old_name
+      next if old_name_dir.symlink?
+      next unless old_name_dir.directory? && !old_name_dir.subdirs.empty?
 
       new_name = tap.formula_renames[old_name]
       next unless new_name