Reed won't play in Friday's preseason game in Denver, per Mike Spofford of the Packers' official site.
Reed briefly missed some practice time earlier this month but was able to play in preseason Week 1 at Pittsburgh, when he hauled in one of two targets for 19 yards. The Packers are resting only Reed among their receiving corps Friday, meaning all of Christian Watson, Matthew Golden and Savion Williams, among others, will be available for QB Jordan Love.